[On August 5, 2016, a Federal Trade Commission HSR termination notice (seen below) was issued for U.S. Silica’s $75m acquisition of Sandbox Enterprises, a frac sand logistics company, from Sandy Creek Capital. Sandbox CEO Josh Oren is a partner in Oren & McCormick Ventures, L.P., described as a “private equity group primarily focused on investments in transportation, warehousing and logistics companies.” A copy of U.S. Silica’s acquisition announcement is also below.]
20161567: U.S. Silica Holdings, Inc.; Sandy Creek Capital, LLC
Date: August 15, 2016
Acquiring Party: U.S. Silica Holdings, Inc.
Acquired Party: Sandy Creek Capital, LLC
Acquired Entities: Sandbox Enterprises, LLC
U.S. Silica to Acquire Logistics Solutions Provider Sandbox Enterprises